Theory of Production: A Long-Period Analysis
This book contains a comprehensive treatment of the theory of production in a long-period framework. The issues dealt with include prices and income distribution, economic growth, joint production, fixed capital, scarce natural resources (both renewable and exhaustible), and heterogeneous labor. The issues are treated analytically; in addition, the book's introduction provides a history of the subject.
1112009897
Theory of Production: A Long-Period Analysis
This book contains a comprehensive treatment of the theory of production in a long-period framework. The issues dealt with include prices and income distribution, economic growth, joint production, fixed capital, scarce natural resources (both renewable and exhaustible), and heterogeneous labor. The issues are treated analytically; in addition, the book's introduction provides a history of the subject.
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Theory of Production: A Long-Period Analysis

Theory of Production: A Long-Period Analysis

Theory of Production: A Long-Period Analysis

Theory of Production: A Long-Period Analysis

Paperback(New Edition)

$76.00 
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Overview

This book contains a comprehensive treatment of the theory of production in a long-period framework. The issues dealt with include prices and income distribution, economic growth, joint production, fixed capital, scarce natural resources (both renewable and exhaustible), and heterogeneous labor. The issues are treated analytically; in addition, the book's introduction provides a history of the subject.

Product Details

ISBN-13: 9780521588676
Publisher: Cambridge University Press
Publication date: 02/28/1997
Edition description: New Edition
Pages: 592
Product dimensions: 5.98(w) x 9.02(h) x 1.30(d)

Table of Contents

1. Free competition and long-period positions; 2. A one-commodity model; 3. Two-commodity models; 4. Models with any number of commodities; 5. Choice of technique; 6. Alternative descriptions of a 'technique'; 7. Fixed capital models; 8. Joint production; 9. Models with jointly utilized machines; 10. Land; 11. Persistent wage and profit rate differentials; 12. On limits to the long-period method; 13. Production as a circular flow and the concept of surplus; 14. The neoclassical theory of distribution and the problem of 'capital'; 15. On some alternative theories of distribution; Mathematical appendix.
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